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Neuberger Berman Next Generation Connectivity Fund's Monthly Distribution Announcement

On October 31, 2025, Neuberger Berman Next Generation Connectivity Fund Inc. (traded under NYSE symbol NBXG) officially announced a monthly distribution of $0.12 per share of its common stock. This distribution is set to be payable on November 28, 2025, with a crucial record date of November 17, 2025, meaning that shareholders will need to hold their shares by this date to qualify for the payment. Notably, the fund also established an ex-date of November 17, which represents the date after which shares are traded without the entitlement to the most recent distribution.

The announcement aligns with the fund's commitment to a level distribution policy. Neuberger Berman expects to maintain regular monthly distributions of the same amount, contingent upon prevailing market conditions. However, they indicated that the consistency of this distribution rate hinges on various factors, including the stability of income from investments, the availability of capital gains, and the unforeseeable costs associated with managing fund-level fees and expenses.

In light of these considerations, investors are reminded that there are no guarantees regarding the sustained payment of this distribution amount or that it will solely derive from net investment income. To uphold a stable distribution, future distributions—including the one announced—may comprise net investment income, net realized capital gains, or even return of capital. In full compliance with Section 19 of the Investment Company Act of 1940, any distribution not predominantly consisting of net investment income will come with an informational notice addressing the breakdown of its components. This will include estimated proportions that comprise net investment income, capital gains, and return on capital but will not serve tax reporting purposes.

As we approach the end of 2025, the exact tax-related aspects of all distributions made within the year will become clearer, as Neuberger Berman will finalize these determinations post-year-end.

About Neuberger Berman

Founded in 1939, Neuberger Berman has risen to prominence as an employee-owned, independent investment manager. The firm boasts a global workforce of over 2,900 employees across 26 countries and manages a significant portfolio totaling $558 billion. This encompasses a diverse array of investment types, including equities, fixed income, private equity, real estate, and hedge funds, all on behalf of institutions, advisors, and private individuals.

The company’s investment philosophy thrives on principles of active management, fundamental research, and engaged ownership. Recognized for its workplace culture, Neuberger Berman has been consistently ranked as the #1 Best Place to Work in Money Management by Pensions & Investments, holding a top ranking for the past eleven consecutive years among firms with over 1,000 employees. For further insights and updates on their operations or to explore awards received, you can visit their official site at www.nb.com.

Increasing economic volatility poses risks that all investors in the fund should consider. These uncertainties may stem from fluctuating securities markets, broader economic downturns, competition from alternative closed-end investment companies, regulatory changes, and limitations on fund management effectiveness. Despite these challenges, Neuberger Berman's proactive management approach aims to safeguard investor interests amidst the dynamic financial landscape.